Pure energy

«While international carbon trading between companies has only just
begun, domestic carbon trading is one of the most enterprising ideas
being examined by Stephen Byers and others. Imagine if each adult were
given a carbon quota. Those who want to fly a lot or overheat a big
house would have to buy extra quotas from low energy users. It would
have the interesting side effect of redistributing funds towards those
too poor to use their energy ration.

[...]Meanwhile, insurance claims for storm and flood doubling in the UK
between 1998 and 2003 are dwarfed by the four exceptional hurricanes
in 2004 that cost £20bn in Florida alone. China is now alarmed at how
climate change is damaging its rice harvest.
»